The “stablecoins are on eth” narrative is actually pretty weak. That’s your top killer app after all this time— a function literally all chains have and can do with fewer or similar headaches?

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Stablecoins are "sustaining" innovation -- they keep the dominant ($) paradigm chugging along.

BTC is "disruptive innovation" in the sense that the legacy system basically can't adopt it.

Bitcoin can do stablecoins?

On lightning and liquid and I believe other L2s

The difference is that ETH has a stablecoin on ETH (it sucks, but they have it) not on a layer 2, 3, 4....or whatever scam Liquid is.

Bitcoin Cash on the other hand has a stablecoin that doesn't suck.